---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-144008"
form_type: "8-K"
ticker: "NMIH"
cik: "0001547903"
company_name: "NMI Holdings, Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:51:53.680230+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NMI Holdings closes $425M offering of 6.000% Senior Notes due 2029; will redeem 7.375% 2025 Notes

## Summary
- Issued $425M aggregate principal of 6.000% Senior Notes due Aug 15, 2029; net proceeds ~$414.3M after underwriting discount.
- Proceeds used to satisfy and redeem all outstanding 7.375% Senior Secured Notes due 2025 and for general corporate purposes.
- New notes rank unsecured and unsubordinated; effectively subordinated to secured debt and structurally subordinated to subsidiary liabilities.
- Terminated 2021 Revolving Credit Facility; entered new Credit Agreement with Royal Bank of Canada as agent, maturing in 5 years.

## SEC filing metadata
- accession: 0001193125-24-144008
- form_type: 8-K
- ticker: NMIH
- cik: 0001547903
- company_name: NMI Holdings, Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547903/000119312524144008/0001193125-24-144008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547903/000119312524144008/d768666d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-144008
- JSON: https://secwatch.observer/filing/0001193125-24-144008.json
- Plain text: https://secwatch.observer/filing/0001193125-24-144008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.